Commonwealth Consolidated Acts

ANTI-MONEY LAUNDERING AND COUNTER-TERRORISM FINANCING ACT 2006 - SECT 129

  (1)   A person commits an offence if:

  (a)   information is disclosed to the person; and

  (b)   the information is AUSTRAC information; and

  (c)   the disclosure to the person is in contravention of this Part; and

  (d)   the person makes a record of, discloses or otherwise uses the information.

Penalty:   Imprisonment for 2 years or 120 penalty units, or both.

Exception

  (2)   Subsection   (1) does not apply if the person discloses the information for the purposes of an appropriate authority investigating the disclosure mentioned in paragraph   (1)(c).

Note:   A defendant bears an evidential burden in relation to a matter in subsection   (2) (see subsection   13.3(3) of the Criminal Code ).